In addition, global demand for skimmed milk powder is high. Exports of EU beef are expected to increase by 15% in 2019 despite a reduction in beef production of 1.2%. Demand for pigmeat, especially coming from China, should lead to an increase of 12% of EU exports in 2019 while production will remain stable. As for poultry, thanks to sustained demand and high prices, production will keep growing, increasing by 2.5% compared to 2018. For 2019/2020, cereal production is expected to recover and reach 311 million tonnes. Wheat production should increase by 11% and reach 142 million tonnes.
Production of peaches and nectarines could reach around 4.1 million tonnes in 2019, an increase of 4% compared to 2018, thanks to favourable weather conditions. As for the sugar sector, production is expected to reach 18.3 million tonnes, an increase of 4% compared to last year in spite of a reduction in the EU sugar beet area.
More information is online. The short-term outlook report with analysis and statistics by market is available here.
Via europa.eu